Cobinhood Crypto Exchange Announces Bankruptcy, Community Spots Exit Scam

A famous Taiwan-based crypto exchange Cobinhood has filed for bankruptcy and afterwards allegedly pulled an exit scam.

In April 2019, the associated company of Cobinhood, Dexon Foundation, raised over $3 mln on its DXN token ICO. Just the other day, the exchange unlocked DNX and immediately dumped it on the market, without giving investors their purchased coins.

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